St Lukes Hospital of Kansas City

Analysis

St Lukes Hospital of Kansas City is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Lukes Hospital of Kansas City reported income of $1.16bn and spending of $1.08bn, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $948.5m to $1.16bn (+22%), an average of +5.1% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Lukes Hospital of Kansas City sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MO. Charities of a similar size with the same main cause include Lahey Clinic Hospital Inc ($1.16bn), Lakeland Regional Medical Center Inc ($1.16bn) and Valley Hospital Inc ($1.15bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $2.0m (0.2% of expenses). Other salaries and wages came to $267.5m. At year end it held assets of $1.72bn against liabilities of $400.4m, net assets of $1.32bn. It reported 5,056 employees.